Key Takeaways
- Bitcoin dropped below $28,000 over the past 12 hours.
- Meanwhile, Ethereum lost the $1,800 level as support.
- Further losses can be expected as selling pressure mounts.
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The crypto market sentiment went into “extreme fear” again after Bitcoin and Ethereum lost price support over the past 24 hours. On-chain data shows increasing selling pressure, which could lead to more significant losses.
Bitcoin and Ethereum Spell Trouble
Bitcoin and…
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